Indices closed UP 1.40% to 1.47%...NICE !!!!

Indices closed UP.

S&P 500 @ 1945.50, high 1947.70, low 1924.44

RSI @ 56.39

CMF @ 0.185

Internals were :

UP volume led by 9.49 to 1 in NYSE& 4.36 to 1 in Nasdaq

Advancing stocks led by 3.53 to 1 in NYSE & 2.38 to 1 in Nasdaq

Net new 52 wk highs were leading by 46 in NYSE & 3 in Nasdaq

VIX Down 5.60% @ 19.38

Oil @ $31.48

Gold @ $1210.10

Stocks which were UP 2% or more included 
BIDU CNQ FB JKS SBUX V
SPWR FSLR CSIQ NTES AMZN 
LVS WYNN LNKD LEN NXPI NFLX
TSLA YHOO CMG SU YUM FFIV BABA
YELP CRUS AMCC CIEN FEYE AMBA AAL
M PANW SPLK ABX CCJ SWIR CSOD MGA MS
MLNX......

AH ER...VECO Down 14.56%, FIT Down 15.01%

AH Futures Down

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE was strong and closed near high of the day. Many sectors participated in this rally, internals are all positive which is a rarity . Oil is in driver seat and it gives direction to equities.Stay engaged with strong stocks as they have started to move up. Any weakness gives you a chance to add or buy quality stocks. No need to focus on bargain @ all.

BLOG does NOT give buy or sell.

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